Economy

The firm cut its headcount by 22% while boosting productivity by 48% in 2018, and it plans to roll out a new desktop platform for its 1,060 representatives.

It’s been death by a thousand cuts as a steady stream of top talent strikes out on their own.

The past year brought major changes to the IBD network, including the sale of its majority stake and a structural reorganization.

Firms who resist or fail to understand advisors’ needs will lose the game, according to a panel of executives.

Raymond James's culture and "access to leadership" were among motivators advisors cited for their moves.

The team joined AdvicePeriod, which has more than two dozen advisors and $2.2 billion in AUM.

State regulators and state legislature are stepping in to propose initiatives to protect consumers against salespeople wrapped in fiduciary clothing.

The firm’s efforts to attract talent away from rivals boosted headcount by a net 57 advisors in 2018.

Under the deal, private equity-backed Wealth Enhancement Group would make its 10th acquisition in the past five years.

CEO Dan Arnold pledged new tech-enhanced support for advisors as part of a larger cultural transformation.

In a sweep of changes, the custodian is embracing an open architecture technology platform.

A new FINRA initiative to root out breaches of supervisory rules on 529 plans provoked criticism from the IBD advocacy group.

The firm suffered from market volatility in the fourth quarter.

The custodian's newest fintech partnership is meant to keep data safe while dealing with third-party vendors.

Conventional wisdom says to postpone filing for benefits until full retirement age or, even better, until your 70th birthday. Are there some cases when that doesn't apply?

The bank is targeting advisors with $100 million or more in assets.

Digital tools will not only allow advisors to serve more clients, they can help advisors charge for services with greater accuracy.

In an unusually frank discussion, women executives from five major firms urged the industry to get involved in educating young people about wealth management.